The commercial desk reports on office leasing and investment, retail and hospitality assets, industrial and logistics space, and the data centre pipeline across Singapore and the wider region.
Covers: office, retail, industrial, logistics, data centres, leasing
About 40 cat fosterers have been approved under a two-year pilot scheme that raises the household cat limit to six in HDB flats and 10 in private premises. While some fosterers welcome the formal recognition and fee waivers, others express concerns over household limits and the scheme's ability to a
Singapore and the United Arab Emirates intend to launch negotiations on a Comprehensive Economic Partnership Agreement to deepen economic integration and facilitate trade and investment flows. The announcement was made by Prime Minister Lawrence Wong and UAE President Sheikh Mohamed Zayed Al Nahyan
The number of approved building permits in the Philippines fell to 10,968 in August, the lowest in over six years, as high borrowing costs, economic slowdown and weather disruptions weighed on construction. Residential permits plunged 40.7% year on year, while nonresidential permits fell 6.2%, accor
Nasdaq-listed Hotel101 Global Holdings Corp. will enter Africa through a country-wide development agreement in Egypt, starting with a P6.44-billion hotel in Cairo's western district. The 750-room Hotel101-Cairo West is planned on a 15,984-square-metre site along Ahmed Zewail Road in 6th of October C
Property analysts in the Philippines say developers must incorporate fiber-ready telecommunications infrastructure during the design stage to avoid high vacancies. Without it, buildings risk losing tenants and buyers in a market with nearly 20% office vacancy and over 30,000 unsold condos in Metro M
Federal Land has signed a Memorandum of Understanding with the Department of Human Settlements and Urban Development and the Pag-IBIG Fund to offer financing through the Expanded Pambansang Pabahay para sa Pilipino Program. Qualified Pag-IBIG members will gain access to loans for select Federal Land
Malaysia's Housing Minister Nga Kor Ming says projected profits of developers will be considered when valuing replacement properties for homeowners affected by urban redevelopment under the proposed Urban Renewal Bill. The bill, tabled in August 2025, remains on Parliament's order paper after debate
Accenture has leased, expanded and renewed over 584,000 sq ft of office space across Mindspace REIT’s business parks in Airoli, Navi Mumbai. The transactions, with a 10-year tenure and monthly rent of Rs 70 per sq ft, bring the company's total footprint with the REIT in the city to nearly 1 million
KSL Riverhaus, a freehold serviced apartment development by Wawari Sdn. Bhd. in Iskandar Puteri, Johor, will offer 2,160 units and 30 retail shoplots. Unit sizes range from 501 to 996 sq ft, with indicative prices between RM312,000 and RM673,000. Target completion is 2030.
Property developer NCT Alliance Bhd has received Preferred Industrial Park (PIP) recognition from Invest Selangor for its NCT Smart Industrial Park (NSIP) in South Selangor. The 910-acre park has a gross development value of RM10.2 billion.
US envoy Steve Witkoff will meet Russian President Vladimir Putin on Wednesday after what a US official called 'constructive' talks with Ukrainian President Volodymyr Zelenskiy in Oslo. President Donald Trump said it was time for Ukraine to end the war, as relations between Washington and Kyiv have
Australian data centre operator NextDC lost nearly half its market value after delaying A$140 million in revenue and shelving all new projects. The stock hit its lowest since January as the company blamed electricity network delays at its Melbourne M3 facility.
Amberwood Resort Residences, a 99-year leasehold serviced apartment development by Affluent Crafts Sdn. Bhd., has launched in Larkin, Johor Bahru. The 3.49-acre project features two 26-storey towers with 824 units ranging from 560 to 872 sq ft, priced between RM390,000 and RM819,000, with completion
The Economy Ministry confirmed in a parliamentary reply that the minimum Bumiputera equity requirement under the Property Acquisition Guidelines remains at 30 per cent. The government rejected a proposed increase to 50 per cent for private companies buying properties over RM20 million from GLCs and
UDA Property has launched Residensi Dedaun, a 37-storey freehold apartment in Bandar Tun Hussein Onn, Cheras. The development offers 341 units sized 850 sq ft to 1,160 sq ft with three-bedroom layouts, and is priced from RM394,800. Completion is targeted for 2027.
A condominium unit at Bangsar Hill Park in Kuala Lumpur has been rented for RM7,500 per month. The tenant, a Japanese corporate, was attracted by the high-standard furnishing and imported white goods, as well as the rare corner layout.
Oriental Kopi Holdings Bhd has completed the RM23 million acquisition of a leasehold factory in Puchong, Selangor, which it had been renting as its head office and warehousing facility. The purchase, funded through internal funds and bank borrowings, was settled on Oct 20 via its indirect wholly own
A webinar hosted by Earoph Malaysia called for residents, officials and experts to be equal partners in building climate-resilient communities. Panellists stressed that community ownership and local knowledge must be embedded from the start, not retrofitted after projects end.
Construction group Asian Pac Holdings Bhd plans a RM295 million mixed development in Karamunsing, Kota Kinabalu, Sabah. The 119,479 sq ft leasehold site is jointly owned by two Chinese community organisations. The project comprises 573 commercial lots and serviced apartments, with completion targete
Sarawak Consolidated Industries Bhd has announced that its RM15.2 million agreement to acquire leasehold properties in Kolombong, Kota Kinabalu, has become unconditional. All conditions precedent have been fulfilled, paving the way for the group's expansion into property development.
Prime Oil & Gas, Inc. has offered to acquire the 30% participating interest held by Monte Oro Resources & Energy, Inc., a subsidiary of Apex Mining Co., Inc., in Service Contract 72 (SC72) covering the Sampaguita Gas Field in the West Philippine Sea. The proposed intra-group transaction, subject to
The Department of Agriculture has opened P97 million worth of cold storage facilities and a slaughterhouse in Camarines Sur, Bicol Region, to support farmers and food producers. The renewable energy-powered facilities will benefit over 10,762 farmers, fisherfolk, and other food producers across 10 t
The High Court has ordered Franklin Chan Yip Tong to honour a S$600,000 payment to his two brothers who were left out of their mother's will. The money was to come from the S$5 million sale of a semi-detached house at Eng Kong Road bequeathed to Franklin and his brother David.
DMCI Homes has partnered with Bank of the Philippine Islands to use BPI's Overseas Collection Arrangement solution, enabling US-based customers to pay property amortisations directly from their US bank accounts. The service aims to speed up settlements, streamline reconciliation, and improve the pay
The Union Insulated Panel Corporation (UIPC) has urged food industry players to adopt insulated and solar-powered facilities to reduce losses and protect food supplies amid the Super El Niño. The company inaugurated a 2.6-hectare plant in Porac, Pampanga on Tuesday, with an annual capacity of one mi
RHB Research expects Malaysian REIT earnings growth to slow in 2027 as recent acquisitions enter the comparison base, shifting focus to rental increases and occupancy gains. The research house maintained an 'Overweight' rating on the sector, citing resilient earnings and stable yields despite rising
ABB posted record quarterly orders of US$12 billion, up 40 per cent year on year, driven by surging demand for data centre equipment. The Swiss engineering group also announced a US$495 million investment to take a 51 per cent stake in a low-voltage power distribution joint venture with Mitsubishi E
CapitaLand Development (CLD) Vietnam won seven awards at the PropertyGuru Vietnam Property Awards 2026, including its fifth Best Sustainable Developer title and third consecutive Social Impact Award. Three residential projects received five awards for design and amenities, bringing CLD's regional Pr
IndiQube Spaces has approved an investment of up to ₹35 crore in SaiEdge Realty, acquiring a stake of up to 49% on a fully diluted basis. SaiEdge will develop commercial office space which IndiQube intends to lease upon completion.
EXSIM Group has launched Causewayz Square @ Johor Bahru City Centre (JBCC), a freehold mixed-development of 4,525 units across four towers. Located about 600 metres from the Johor-Singapore CIQ Complex and near the upcoming RTS Link station, the project targets cross-border professionals and investo